Here’s the pitch deck that landed Chargebee $55 million to help Pret A Manger and others launch subscriptions
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- Software-as-a-service support startup Chargeebee just raised $55 million in a Series F funding round backed by Insight Partners.
- The San Francisco based firm is part of a growing software-as-a-service market, which Forrester predicts will be worth around $411 billion by 2022.
- We got an exclusive look at the pitch deck Chargebee used to bring investors on board.
- Visit Business Insider’s homepage for more stories.
Chargebee, the San Francisco-based subscription management startup, just raised $55 million in a funding round backed by Insight Partners.
Founded in 2011, Chargebee is used by over 2,500 companies globally – including businesses like Freshworks and Pret A Manger – helping them to manage and grow their revenue by setting up and automating subscription billing.
According to market research firm Forrester, the software-as-a-service (Saas) industry is growing steadily around the world, and set to be worth around $411 billion by 2022.
“We believe that a steady SaaS-i-fication of the market is already underway, with traditional businesses replicating the best practices of SaaS pricing and business models even outside the realm of software,” noted Krish Subramanian, co-founder and CEO of Chargebee.
“Even beyond SaaS and software, we’re seeing a global movement where businesses from cars to coffee pods are launching and scaling with a subscription-first model,” said AJ Malhotra, vice president at Insight Partners.
“The need for an underlying revenue platform that allows businesses this degree of adaptability is paramount today. We’re excited to be partnering with Chargebee in this space.”
Business Insider got an exclusive look at the pitch deck Chargebee used to bring investors on board. Check it out below: